Baylor MBA Students Win Award for Innovative ProposalMarch 21, 2006
On March 4 Baylor MBA students Michael Gallimore, Rhett Herron and Bobby Brock participated in the University of Washington Business School's Global Social Entrepreneurship Competition (GSEC). The Baylor team titled "World of Light" won the John Hoover award for its proposal to provide wind-generated electricity to poor neighborhoods in Nairobi, Kenya.
The award, which is in its inaugural year, is separate from the judging of the GSEC and was given by the second place team from last year's competition to honor their teammate John Hoover who died shortly after reaching the finals of last years' competition. The award goes to the team whose proposal is considered to be the most innovative, realistic, feasible, most accurate financial numbers and the one with the most entrepreneurial spirit. Team "World of Light" will receive a $2,000 dollar prize for its proposal.
"Bobby invited us to join his team and after learning about the innovative appeal, social impact, and opportunities to meet with other teams and travel to Seattle, I immediately agreed to help draft the business proposal for the GSEC compeition," said Gallimore.
Herron added "I heard positive experiences from classmates who had participated in previous case competitions and wanted to enjoy that myself. This process tied together aspects from each of our MBA classes including: marketing, finance, accounting, strategy and operations. I would absolutely recommend case competitions be a requirement for the MBA program."
This May Brock will join the engineering and mission team from Baylor on a return trip to Kibera, Kenya to install the pilot franchise based on the "World of Light" proposal.
For more information and results of the GSEC competition, please see http://bschool.washington.edu/gsec